Godavari Biorefineries has finalized the allotment of its IPO shares, which raised ₹554.75 crore through a book building process. Investors can check their allotment status on platforms like BSE, NSE, and through the registrar, Link Intime India. The shares will be credited to investors’ demat accounts by the end of October 29, 2025. For those who did not receive shares, refunds will begin processing on the same day. The IPO, launched on October 23 and closed on October 25, was priced within a band of ₹334 to ₹352 per share and was fully subscribed 1.87 times, primarily due to strong demand from retail and qualified institutional buyers.
Godavari Biorefineries IPO Shares 2025
However, the latest grey market premium (GMP) indicates a modest listing expectation on October 30, 2025, on both BSE and NSE. Godavari Biorefineries, a key player in the ethanol and alcohol-based chemicals sector, boasts over 80 years in the sugar industry and nearly 60 years in bio-based chemicals. The company’s focus includes industrial sugar production, specialty chemicals, biofertilizers, and bio-power generation, demonstrating a strong commitment to innovation and sustainability in its operations.